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10/8
23:30
The White House announced today that the Trump administration has launched the most ambitious science initiative in decades, with a total investment exceeding $6 billion, aiming to usher in a new golden age of science. NVIDIA has pledged $1 billion, AMD $500 million, OpenAI $200 million, Anthropic and Google $150 million each, AMP and Emerald AI $100 million each, and AWS, Armada, Crusoe, and Micron $50 million each, to support superintelligence (SI) scientific tools and computing credits for the "Genesis Mission Consortium." This initiative will empower scientists to leverage the SI-driven scientific revolution, support American STEM students and early-career scientists, and revive ambitious national science missions.
23:27
A new survey by Art Basel and UBS found that Gen Zers became the most active buyers of high-end art in 2025 and the first half of 2026, spending more than twice as much as Baby Boomers. They accounted for nearly half of all collectors buying artworks priced above $1 million in 2026, with an average spend of $347,460 on art, up 19% from the previous year. The overall art market saw total sales increase 4% in 2025 to $59.6 billion.
23:17
U.S. Congressional Budget Office (CBO) Director Phillip Swagel stated that market concerns about U.S. debt have had little impact on Treasury yields.
23:17
According to The Defiant, the latest statistics from Glassnode co-founders show that 6.26 million Bitcoin public keys have been exposed. Since May this year, this exposed Bitcoin balance has increased by 222,000 BTC, while the total Bitcoin supply only grew by 64,000 BTC during the same period.
23:13
According to CoinDesk's latest Quarterly Review and Outlook report, digital assets staged a strong rebound in Q3 2026, ending three consecutive quarters of losses and recording their best performance of the year. The CoinDesk 20 Index (CD20) rose 52.7%, while Bitcoin increased by 42.7% to $83,554. In comparison, the S&P 500 Index gained only 2.03%, the Nasdaq Index rose 0.85%, and gold was up 3.84%. The report attributed this recovery primarily to easing geopolitical pressures, improved liquidity, and a return of institutional capital, with Bitcoin spot ETFs seeing net inflows of $6.36 billion in Q3, an $11 billion swing from the prior quarter.
23:12
Fed Governor Christopher Waller stated on Thursday that further interest rate hikes are necessary to bring inflation down to the central bank's 2% target, but emphasized that these hikes do not need to occur at consecutive meetings. His comments come as the benchmark 10-year U.S. Treasury yield was little changed at 5.273%, while the 2-year yield rose over 3 basis points to 4.802% and the 30-year yield fell over 1 basis point to 5.643%. Investors are also anticipating the day's 30-year bond auction, following strong demand for Wednesday's 10-year note auction, where global central banks accounted for over 80% of purchases.
23:09
MetaMask's precautionary validator exits, stemming from a roughly $1,000 reward diversion identified on September 30, are testing Ethereum's staking capacity. Lido expects its affected ETH to return gradually to Ethereum staking, with the entry backlog valued at about $3.59 billion in an October 7 snapshot. Bitquery's October 1 snapshot identified 16,965 MetaMask-operated validators holding 565,056 ETH that had exited or joined the exit queue. If this entire cohort returns as new demand beyond the current backlog, the combined workload could reach 1,963,978 ETH, valued at approximately $5.04 billion, potentially extending the staking entry wait time to over 34 days.
23:09
The U.S. Department of Labor reported on Thursday that initial jobless claims for the week ending October 3 fell by 2,000 to a seasonally adjusted 197,000, below market expectations of 200,000, and remained near a 57-year low for the fourth consecutive week. Meanwhile, continuing jobless claims rose by 17,000 to 1.716 million for the week ending September 26. Economists noted that the labor market exhibits a structural characteristic of "low hiring, low layoffs," with weakening momentum in job growth. The market has significantly lowered expectations for another Federal Reserve rate hike in October, generally pushing back the timing of the next hike to December.
23:05
A Saudi-led coalition announced that its forces intercepted and destroyed two ballistic missiles aimed at the Saudi capital, Riyadh, on Thursday, along with one missile targeting the city of Khamis Mushait. The Saudi Civil Defense stated that fragments from the intercepted missiles caused material damage to a kindergarten and a medical clinic in Riyadh. Meanwhile, a Houthi military spokesman claimed that the group launched a ballistic missile at King Khalid International Airport in Riyadh, successfully hitting its target, causing damage and disrupting air traffic. Witnesses told The Associated Press that several explosions were heard in Riyadh on Thursday, including one at the airport that led to flight suspensions.
23:05
Long-dated U.S. Treasury prices edged higher ahead of the U.S. Treasury's auction of $22 billion in 30-year bonds. The auction will test market demand as government bond yields remain near multi-decade highs.
23:00
QCP Capital analysts expect Bitcoin to primarily trade between $80,000 and $90,000 in the fourth quarter. The firm believes that Bitcoin could break above $100,000 if spot ETF inflows continue, the Federal Reserve pauses interest rate hikes, the dollar weakens, and the CLEAR Act progresses. However, if the Middle East conflict escalates, oil prices rise, and the Federal Reserve implements further rate hikes, Bitcoin could fall below the $68,000 to $70,000 range. Additionally, US spot Bitcoin ETFs recorded a net outflow of $487.1 million on Wednesday.
22:42
Project Eleven, a company developing tools to protect crypto systems from future quantum-computing attacks, and privacy-focused proof-of-work blockchain Quantus, announced plans to integrate their platforms. The two companies are targeting the first quarter of 2027 for support that would let institutions manage Quantus keys and approve transactions through hardware security modules, internal policies, and audit systems. This aims to address the challenge institutions face in upgrading systems to cope with varying quantum-resistant security standards across different blockchains. Quantus uses ML-DSA, a post-quantum signature standard selected by the U.S. National Institute of Standards and Technology.
22:39
The Wall Street bank is preparing to issue equity awards as special bonuses to its senior leaders under a five-year plan.
22:28
Zach Yadegari, co-founder of the calorie tracking app Cal AI, has launched Persona, a new AI agent startup, and secured $10 million in funding. The round was led by Vine Ventures, with participation from Z Fellows founder Cory Levy and Collective Global. Persona aims to compete with existing AI agents like Instinct and Meta's Muse, featuring a $179 wearable band that is expected to be available in December. Yadegari previously sold Cal AI to MyFitnessPal for an undisclosed sum after it achieved over $30 million in annual revenue.
22:26
According to Arkham data, the U.S. government address "Bitfinex Hacker Seized Funds" transferred 12,267 Bitcoins, worth approximately $1.01 billion, at 13:33 UTC on October 8. In the two days prior, U.S. government-related addresses had already cumulatively transferred over 6,200 Bitcoins to Coinbase Prime.
22:26
The Cardano Foundation has spun out its digital-identity project, Veridian, as an independent company. Veridian has tokenized its shares on the Cardano blockchain using the network’s new programmable-token standard, CIP-0113, becoming the first company to use this standard for its equity. The tokenized shares are not being offered to the public. Cardano Foundation CEO Frederik Gregaard stated that Veridian has 1 million shares, most of which have been tokenized. The CIP-0113 standard allows issuers to attach rules to tokens, such as recipient eligibility and transfer controls, designed for regulated products like stablecoins and tokenized securities.
22:20
Cardano network set a new record for single-block transaction throughput (TPS) at 436 TPS on October 7, after previously reaching 345 TPS earlier the same day, according to on-chain data provider Chainspect. This milestone highlights Cardano's ability to handle high concurrent transaction activity. In the future, Cardano's Ouroboros Leios protocol is expected to further enhance network scalability, targeting 1000 TPS.

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